HORTO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HORTO ApS
HORTO ApS (CVR number: 35415106) is a company from ODENSE. The company recorded a gross profit of 164.2 kDKK in 2024. The operating profit was 13.9 kDKK, while net earnings were 8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HORTO ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 37.00 | 227.00 | 325.00 | -36.17 | 164.19 |
EBIT | - 246.00 | 27.00 | 65.00 | - 147.71 | 13.88 |
Net earnings | - 206.00 | 4.00 | 43.00 | - 182.94 | 7.96 |
Shareholders equity total | 521.00 | 525.00 | 568.00 | 385.79 | 393.75 |
Balance sheet total (assets) | 1 310.00 | 1 151.00 | 1 153.00 | 793.71 | 909.10 |
Net debt | 47.00 | - 328.00 | - 270.00 | -42.56 | -85.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.3 % | 2.7 % | 6.3 % | -15.0 % | 2.8 % |
ROE | -33.0 % | 0.8 % | 7.9 % | -38.4 % | 2.0 % |
ROI | -26.7 % | 3.9 % | 8.5 % | -18.9 % | 3.5 % |
Economic value added (EVA) | - 209.19 | 15.79 | 56.70 | - 114.89 | 8.37 |
Solvency | |||||
Equity ratio | 39.8 % | 45.6 % | 49.3 % | 48.6 % | 43.3 % |
Gearing | 66.2 % | 59.8 % | 53.7 % | 76.3 % | 76.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 1.8 | 1.6 | 1.5 |
Current ratio | 1.7 | 1.8 | 2.0 | 1.9 | 1.8 |
Cash and cash equivalents | 298.00 | 642.00 | 575.00 | 336.92 | 386.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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